Ok guys as you can see and know that I talked about a correction a lot ! you can guess what I want to say!.
Every wave has a lot of waves inside!
Lets check it.
We have rsi convergence(bullish sign) which is really strong ! and we know that we were in descending for a while and it will do a pullback(Thats not hard to know) so with this one we will hit 9500 area once again.
As you can see we are in a bear flag now, which is inside another bear flag! and also btc is forming an inverse cup and handle ...
So I recommend that to long sides ... Dont enter your trade for 10k now ...
And shorts ... guys dont fomo, it went to distribution again and it will mark up for a while ... but mark down is possible and it will happen so take a deep breath, rest for a day, you will see that indicators are showing down trend again soon.
Targets will be:
Below 9300 => 9000, 8800, 8600
Above 9500 => 9700, 9800(Because of ma's cross and ichimoko cloud) 9500 is our resistance now.
As always ... always follow your thoughts ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Every wave has a lot of waves inside!
Lets check it.
We have rsi convergence(bullish sign) which is really strong ! and we know that we were in descending for a while and it will do a pullback(Thats not hard to know) so with this one we will hit 9500 area once again.
As you can see we are in a bear flag now, which is inside another bear flag! and also btc is forming an inverse cup and handle ...
So I recommend that to long sides ... Dont enter your trade for 10k now ...
And shorts ... guys dont fomo, it went to distribution again and it will mark up for a while ... but mark down is possible and it will happen so take a deep breath, rest for a day, you will see that indicators are showing down trend again soon.
Targets will be:
Below 9300 => 9000, 8800, 8600
Above 9500 => 9700, 9800(Because of ma's cross and ichimoko cloud) 9500 is our resistance now.
As always ... always follow your thoughts ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Comment:
Wait for it (Green one) ;)
Trade active:
Its time to inverse ...
9500 to 9k, 8900, 8700
Good luck guys
9500 to 9k, 8900, 8700
Good luck guys
Comment:
By cmf I can see 8900 area again ...